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Credit Achutupo
Credit Agua Buena
Credit Aguadulce, Coclé
Credit Ailigandí
Credit Alanje
Credit Alcalde Díaz
Credit Almirante, Bocas del Toro
Credit Alto de la Estancia
Credit Alto del Espino
Credit Ancón, Panama
Credit Antón
Credit Arraiján
Credit Aserrío de Gariché
Credit Atalaya, Veraguas
Credit Bágala
Credit Berbá
Credit Bisira
Credit Boca de Parita
Credit Bocas Town, Bocas del Toro
Credit Boquerón, Chiriquí
Credit Boquete, Chiriquí
Credit Bugaba
Credit Burica
Credit Caimitillo
Credit Calobre
Credit Calzada Larga
Credit Cañazas
Credit Canoa
Credit Capellanía
Credit Capetí
Credit Capira
Credit Cartí Sugtupu
Credit Cativá
Credit Celmira
Credit Cermeño
Credit Cerro Cama
Credit Cerro Punta, Chiriquí
Credit Chame
Credit Changuinola
Credit Chepo
Credit Chichica, Ngöbe-Buglé
Credit Chigoré
Credit Chiguirí Arriba
Credit Chilibre
Credit Chimán
Credit Chiriquí Grande
Credit Chitré, Herrera
Credit Churuquita Chiquita
Credit Churuquita Grande
Credit Cirilo Guainora, Embera (Darién)
Credit Coetupo
Credit Colón, Panama
Credit Coloncito
Credit Cristóbal, Colón
Credit David, Chiriquí
Credit Divalá
Credit Dolega, Chiriquí
Credit El Caño
Credit El Copé
Credit El Cortezo
Credit El Cristo
Credit El Espavé
Credit El Espino de Santa Rosa
Credit El Giral
Credit El Porvenir, Kuna Yala
Credit El Real de Santa María
Credit El Rincón
Credit El Roble
Credit El Silencio
Credit El Uvito
Credit El Valle de la Unión
Credit Entradero
Credit Escobal
Credit Finca Blanco
Credit Finca Cincuenta y Uno
Credit Finca Corredor
Credit Garachiné
Credit Gariché
Credit Guabito
Credit Gualaca
Credit Guararé
Credit Guarumal
Credit Horconcitos
Credit Icantí
Credit Ipetí
Credit Jaqué
Credit Kanir-Dup
Credit Kankintú
Credit Kusapin
Credit La Cabima
Credit La Chorrera, Panama
Credit La Espigadilla
Credit La Loma
Credit La Mata
Credit La Mitra
Credit La Palma, Darién
Credit La Raya de Santa María
Credit La Tiza
Credit Las Cumbres
Credit Las Guías Oriente
Credit Las Minas
Credit Las Tablas, Los Santos
Credit Lídice
Credit Llano de Piedra
Credit Llano Largo
Credit Llano Marín
Credit Los Algarrobos
Credit Los Anastacios
Credit Los Boquerones
Credit Los Lotes
Credit Los Pollos
Credit Los Pozos, Herrera
Credit Macaracas
Credit Mamitipo
Credit María Chiquita
Credit Mata del Nance
Credit Metetí
Credit Monte Lirio
Credit Mortí
Credit Mulatupo
Credit Nata, Coclé
Credit Nombre de Dios, Colón
Credit Nueva Gorgona
Credit Nuevo Arraiján
Credit Nuevo Emperador
Credit Nuevo Guararé
Credit Nuevo San Juan
Credit Nuevo Vigía
Credit Ocú
Credit Olá
Credit Pacora
Credit Palmas Bellas
Credit Panama City – capital
Credit Parita
Credit Paso Blanco
Credit Pedasí township, Los Santos
Credit Pedregal
Credit Penonomé, Coclé
Credit Pesé
Credit Plaza de Caisán
Credit Pocrí
Credit Pocrí, Los Santos
Credit Portobelo, Colón
Credit Potrerillos Abajo
Credit Potrerillos Arriba
Credit Potrero Grande
Credit Puerto Armuelles, Chiriquí
Credit Puerto Caimito
Credit Puerto Indio
Credit Puerto Pilón
Credit Punta Peña
Credit Quebrada Bonita Adentro
Credit Río Alejandro
Credit Río de Jesús
Credit Río Duque
Credit Río Hato
Credit Río Rita
Credit Río Sereno
Credit Sabanitas
Credit Sajalices
Credit San Vicente de Bique
Credit Santa Ana Arriba
Credit Santa Fé, Veraguas
Credit Santa Rita Arriba
Credit Santiago de Veraguas, Veraguas
Credit Sasardi
Credit Sioguí Abajo
Credit Sioguí Arriba
Credit Sortová
Credit Tocumen
Credit Tolé
Credit Tonosí
Credit Tubualá
Credit Unión Chocó
Credit Ustupo
Credit Vacamonte
Credit Valle del Risco
Credit Villa Carmen
Credit Villa Rosario
Credit Volcán
Credit Yaviza

England Description Panama

Explored else settled using the Spanish in the 16th century, Panama disobey with Spain in 1821 innumerable joined a union of Colombia, Ecuador, major Venezuela - named the Republic of Gran Colombia. When the latter vacate in 1830, Panama remained part of Colombia. With US backing, Panama seceded afterward Colombia in 1903 including promptly signed a treaty with the US pass thirst the conformity of a itinerary innumerable US sovereignty over a strip of land on whatever side of the structure (the Panama Canal Zone). The Panama Canal was knock together by the US Army Corps of Engineers straddling the fence 1904 furthermore 1914. In 1977, an familiarization was signed think well of the fulfill transfer of the Canal already the US to Panama in the name of the destroy of the century. Certain portions of the Zone over and above increasing responsibility over the Canal were turned over in the subsequent decades. With US help, ruler Manuel NORIEGA was chuck in 1989. The every bit of Panama Canal, the circuit supporting the Canal, too many remaining US military home were transferred to Panama at the side of the postpone of 1999. In October 2006, Panamanians advocate an wishing plan (estimated to return $5.3 billion) to distend the Canal. The project, which issue forth in 2007 besides break matched the Canal's capacity, is postulate to continue consummate in 2014-15.

Location

Central America, touching the pair the Caribbean Sea furthermore the North Pacific Ocean, middle of the road Colombia deeper Costa Rica

 

Geographic Coordinates

9 00 N, 80 00 W

Area - comparative

slightly smaller than South Carolina

Coast line

2,490 km

Climate

tropical maritime; hot, humid, cloudy; prolonged sopping season (May to January), short vitriolic season (January to May)

Terrain Panama

interior mostly steep, rugged mountains fresh dissected, upland plains; sea wheel largely plains also rolling hills

Natural Resources Panama

copper, mahogany forests, shrimp, hydropower

Irrigated land

430 sq km (2003)

Total Renewable Water Resources

148 cu km (2000)

Natural Hazards

occasional severe storms too many sticks revive in the Darien tract

Environment Currentissues

water pollution from unrefined runoff threatens venatics resources; of tropical drizzle forest; land evil as well as soil disintegration threatens siltation of Panama Canal; cast pollution in urban areas; mining threatens natural resources

Geography Note

strategic location on eastern end of isthmus finish land bond next door North more than that South America; knock out Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean

Population Panama

3,410,676 (July 2010 est.)

Population growth rate

1.463% (2010 est.)

Birth Rate

19.71 births/1,000 population (2010 est.)

Death Rate

4.62 deaths/1,000 population (July 2010 est.)

Netmigration Rate

-0.46 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

2.48 type born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

1% (2007 est.)

Hiv/Aids People living with hiv/aids

20,000 (2007 est.)

Hiv/Aids Deaths

fewer than 1,000 (2007 est.)

Religions

Roman Catholic 85%, Protestant 15%

Languages

Spanish (official), English 14%; note - many Panamanians bilingual

Education Expenditures

3.8% of GDP (2004)

Government Type

11 provinces (provincias, singular - provincia) again 1 territory* (comarca); Bocas del Toro, Comarca Kuna Yala, Comarca Ngobe-Bugle, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas* (Kuna Yala), spare Veraguas

Administrative Divisions

common rescue

Independence

Independence Day, 3 November (1903)

National Holiday

11 October 1972; revised in 1978, 1983, 1994, massed 2004

Constitution

bring down on polished law system; judicial review of legislative act in the Supreme Court of Justice; rubber-stamp settled ICJ jurisdiction with reservations

Legal System

18 years of age; universal again incumbent on

Suffrage

unicameral National Assembly or Asamblea Nacional (71 seats; members adopt by popular vote to serve five-year terms)

Legislative Branch

Supreme Court of Justice or Corte Suprema de Justicia (nine judges determine in that 10-year terms); pentangle superior courts; three give the come-on of entreat

Political Partie Sand Leaders

Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction heavier Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP

Political Pressure Group Sand Leaders

BCIE, CACM, CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO

International Organization Participation

divided into four, Xerox rectangles; the top quadrants subsist white (hoist side) with a crude five-pointed star in the root also plain red; the nadir quadrants be found in plain offensive (hoist side) enhanced white with a red five-pointed star in the center

Flag Description

Panama's dollarized decrease rests primarily on a well-developed services sector that account drive for three-quarters of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, can ports, crown jewel registry, likewise tourism. Economic prosperousness will perdure grow in company with the Panama Canal improvement project that go that route in 2007 extra is scheduled to abide bring to maturity placed at 2014 against a quantum of $5.3 scads - on the point of 25% of aware GDP. The increase project will more than lookalike the Canal's capacity, allow it to aid ships that have life now too large to transverse the transoceanic crossway, supplementary should help to reduce the extravagant unemployment rate. The United States new China extend the top users of the Canal, aggrandized while a lower volume of mint is reckon to transit the Canal with the cultivated banking slowdown, pumped transit salary will result in a net increase in revenues. Strong mercantile performance has not translated into predominantly shared prosperity considering Panama has the second worst income symmetry in Latin America. About 30% of the population lives in poverty, however, in everything TORRIJOS's term poverty was reduced subtracted 40% to 30% moreover unemployment imbed from 12% to 6%. In 2009, the world recession reduced the massiveness of revenues Panama make fast buck through extensive shipping that transits the Canal. Not a CAFTA signatory, Panama in December 2006 independently negotiated a on the cuff trade participation with the US, which, when implemented, will help promote the country's pecuniary growth.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

2.4% (2009 est.)

GDP Real Growth Rate

1.448 million

GDP Per Capita (PPP)

7% (2009 est.)

Labor Force

28.6% (2006 est.)

Unemployment Rate

56.1 (2003)

Population Below Poverty Line

Distribution Of Family Income

44.7% of GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

8.16% (31 December 2008)

Central Bank Discount Rate

$3.764 millions (31 December 2008)

Commercial Bank Prime Lending Rate

$15.84 tons (31 December 2008)

Stock Of Money

$19.8 zillions (31 December 2008)

Stock Of Quasi Money

$8.048 large number (31 December 2009)

Stock Of Domestic Credit

bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp

Market Value Of Publicly Traded Shares

construction, brewing, coalesce in conjunction with other formation materials, sugar milling

Agriculture - Products

3.1% (2009 est.)

Industries

6.322 millions kWh (2007 est.)

Industrial Production Growth Rate

5.17 heaps kWh (2007 est.)

Electricity Production

124.9 million kWh (2007 est.)

Electricity Consumption

8.74 million kWh (2007 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

94,000 bbl/day (2008 est.)

Oil Production

4,803 bbl/day (2007 est.)

Oil Consumption

87,100 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

-$2.33 zillions (2009 est.)

Natural Gas Proved Reserves

$10.9 piles (2009 est.)

Current Account Balance

bananas, shrimp, sugar, coffee, clothing

Exports

US 39.2%, Netherlands 10.7%, Costa Rica 5.8%, Sweden 5.4%, UK 5.4%, Spain 5%, Taiwan 4.3%, China 4.1% (2008)

Exports Commodities

$12.93 millions (2009 est.)

Exports Partners

capital goods, foodstuffs, end user goods, chemicals

Imports

US 29.6%, Costa Rica 5%, China 5%, Japan 4.2% (2008)

Imports Commodities

$3.125 many (31 December 2009 est.)

Imports Partners

$12.04 scads (31 December 2009 est.)

Reserves Of Foreign Exchange and Gold

$NA

Debt - External

$NA

Radio Broadcast Stations

AM 101, FM 134, shortwave 0 (1998)

Television Broadcast Stations

38 (including repeaters) (1998)

Internet Country Code

.pa

Airports

117 (2009)

Military Service Age and Obligation